UK mobe network Three's profits hit by IT upgrade costs

Oh, and billionaire owner Li Ka-shing retires

Mobile operator Three UK reported a fall in earnings before interest, taxes, depreciation and amortisation (EBITDA)* of 2 per cent to £437m for its full-year results – largely due to an IT and network upgrade.…

via The Register - Data Centre: Networks
http://go.theregister.com/feed/www.theregister.co.uk/2018/03/16/profits_at_3uk_down_due_to_it_upgrade/